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Reticulate Micro & K2 Endeavor Formalize RMX JV

Reticulate Micro & K2 Endeavor Formalize RMX JV

Reticulate Micro, a global leader in video and data compression technology, is proud to announce the signing of a long-form agreement with K2 Endeavor to formally establish RMX, a groundbreaking joint venture. RMX will bring Reticulate Micro’s revolutionary technology to the commercial market, transforming industries reliant on data-intensive operations.

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RMX will develop CRISP (Compressed Rate Intelligent Streaming Protocol) based on Reticulate Micro’s proprietary VAST (Video Adaptive Systems Technology) technology. We believe CRISP represents a paradigm shift in data compression. Engineered to outperform traditional standards like H.264 and HEVC, CRISP provides unparalleled compression efficiency, reduced latency, and superior video streaming capabilities. It enables data transmission in environments where it was previously impractical or impossible, unlocking new opportunities for telecommunications, industrial operations, and beyond. CRISP will be delivered as a managed services solution creating predictable recurring revenue streams. 

The Vision Behind RMX

The establishment of RMX builds on a shared vision to address critical challenges in data transmission and infrastructure efficiency. The joint venture will leverage Reticulate Micro’s technical expertise and K2 Endeavor’s extensive market knowledge to deploy solutions that optimize network performance, reduce operational costs, and enable new data-driven capabilities.

Andrew Sheppard, CEO of Reticulate Micro, stated:
“CRISP is the culmination of years of innovation in video and data compression technology. With RMX, we are taking this cutting-edge platform into the commercial arena, where it has the potential to redefine how industries manage and transmit data.”

Key Initial Rollout Opportunities

In its first phase, RMX will focus on deploying CRISP in two transformative use cases:

1.     Telecommunications Optimization:

  • CRISP will be installed on existing mobile tower infrastructure to improve bandwidth efficiency, reduce latency, and lower energy consumption.
  • Pilot projects are planned for Q1 2025 in strategic markets, including the Middle East and South America, in collaboration with leading Mobile Network Operators (MNOs).

2.     Industrial Applications in Mining:

  • CRISP will enable high-quality video streaming and data transmission in remote and challenging environments, supporting tele-remote applications for initiatives like the Ultra-Deep Mining Program.
  • These deployments aim to enhance safety and operational efficiency while demonstrating the platform’s adaptability to diverse industrial needs.

Introducing CRISP: A Product for the Commercial Arena

CRISP is built on the foundation of proprietary VAST technology, which has been proven in critical and secure environments. Tailored for the commercial market, CRISP offers:

  • Unmatched Compression Efficiency: significantly reduces data transmission requirements compared to conventional standards.
  • Enhanced Video Quality: Ensures seamless streaming even in bandwidth-constrained environments.
  • Versatile Applications: From telecommunications to industrial monitoring, CRISP is a scalable solution for various data-intensive industries.

Karl Kit, Managing Director of K2 Endeavor, added:
“The formation of RMX is a testament to our shared commitment to innovation and excellence. CRISP is more than just a technology—it’s a transformative platform that will deliver real value to our partners and customers.”

A Strategic Launchpad for Growth

Headquartered in the UAE, RMX will serve as a global hub for deploying CRISP and other innovative solutions. The joint venture is poised to expand its footprint, driving technological advancement and operational efficiencies across multiple industries.

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For media inquiries, you can write to our MarTech Newsroom at news@intentamplify.com

Source – Prnewswire

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